Sturgis Historical Society

Analysis

Sturgis Historical Society is a registered charity in United States, based in Sturgis, MI. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sturgis Historical Society reported income of $111k and spending of $120k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $494k to $111k (-77%), an average of -31% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sturgis Historical Society sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include Odyssey Chamber Music Series Inc ($111k), American-Turkish Association Incorporated ($111k) and Oliver Springs Historical Society ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $36k. At year end it held assets of $334k against liabilities of $2,177, net assets of $332k. It reported 3 employees.